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  • NovaStar Financial Settles Class Action for $7.25 Million
    NovaStar Financial Inc has reached a settlement in a class action securities fraud of $7.25 million. The suit, one of 5 launched against the company in mid-April, 2004, alleged that investors were misled by information that inferred the company had an increased number of brokerage offices throughout the country. However, some of these brokerage firms were la...
  • NiSource Settles Natural Gas Royalties Case for $380 Million
    Energy companies NiSource and Chesapeake Energy have agreed to pay a settlement of $380 million to landowners who allege the companies underpaid royalties on natural gas. NiSource's share of the settlement is $339 million. The trial jury had originally awarded the plaintiffs $134.3 million in compensatory damages and $270 million in punitive damages, f...
  • Santa Monica, CA Bus Accident Wrongful Death Settlement
    Santa Monica, CA: (Mar-05-07) On August 29, 2005 47-year-old Maria Carrera was struck by a Big Blue Bus while crossing the crosswalk on Ocean Avenue and Pico Boulevard. Carrera was a housekeeper on her way to work when she was hit and killed. Her husband, Oscar Saenz, filed a wrongful death lawsuit agains the city of Santa Monica. The City Council approve...
  • Bicyclist Accident, On duty police officer hits biker and city pays $150,000 settlement
    San Francisco, CA: (Oct-02-07) Robert Kellogg Jr., a bicyclist, filed a lawsuit against the city after an on duty police officer allegedly struck him with a department truck in 2004. The lawsuit, filed in 2005 claimed that Officer Philip Welsh, now 51, hadn't given Kellogg his full name or address and never filed an accident report. Reports stated that Kel...
  • WR Grace Reaches $140 Million Settlement in Zonolite Insulation Class Action
    On December 1, a tentative $140 million settlement was reached that would settle the class action lawsuit against WR Grace & Co, over Zonolite Attic Insulation. The terms of the settlement would require that WR Grace pay out $140 million over the next 25 years. For Canadian Citizens On October 20, 2008, Bankruptcy Judge Judith K. Fitzgerald ordered t...
  • Bayer Settles Diabetes Marketing Kickback Case for $97.5 Million
    Bayer HealthCare has reached an agreement with the US Department of Justice related to an investigation into the Diabetes Care division's historical marketing programs with certain mail order customers that took place during the period between 1998 and 2003. Under the terms of the agreement, Bayer will pay $97.5 million to the government, and will enter...
  • Fly Ash the Latest Win for the Billy Murphy Firm.
    Nov-29-08 Baltimore, MD The Murphy Firm has a long and distinguished list of achievements in the history of the American legal system and the $45 million settlement it just negotiated on behalf the small community in Maryland represents yet another milestone. The settlement still needs to be certified, but the 250 people of Gambrills have every reason to believe the...
  • Trace Melamine Found in Baby Formula in US
    Nov-28-08 Washington, DC They say it isn't a problem—traces of melamine found in baby formula . But skeptics are wary, and their caution is understandable. With so much news about tainted, and contaminated goods originating from China (including tainted baby formula sold in Asian markets), the sudden appearance of melamine in a sample of infant formula made by an...
  • Insurer Settles Anorexia Class Action for $1.2 Million
    People who suffer from the eating disorder anorexia, and who had their health insurance claims denied by their insurer Horizon Blue Cross / Blue Shield of New Jersey, will receive a lump settlement of $1.2 million to end their class action. About 500 patients brought the suit against the health insurer, alleging the company limited treatment benefits be...
  • Newspaper Carriers Settle with Paper for $22 Million
    Newspaper carriers for the Orange County Register have won their class action lawsuit, by agreeing to a settlement of $22 million. Additionally, the carriers have agreed that they are not employees of the paper, but independent contractors. At the outset of the suit the carriers had sought $88 million in damages, alleging that they are employees, and the...
  • $2.1 Million Settlement For 25 Investors
    A $2.1 million settlement has been approved by a Superior Court judge in a class action suit involving some 25 plaintiffs who alleged their investment advisor stole their money, more than $5 million over 5 years. The advisor committed suicide in a Wal-Mart parking lot last year, while under SEC investigation for misappropriation of funds. Leg...
  • Facebook Wins $873 Million Settlement
    Facebook Wins $873 Million Settlement A court has ruled that a Canadian man who flooded Facebook - the popular social networking site - with spam must pay $873 million in damages to Facebook. The spam consisted of sexually explicit messages, which were sent directly to people's Facebook pages. Facebook is hoping the size of the settlement wi...
  • Antitrust Act Violations Could Cost Rail Operators Billions
    Nov-21-08 Chicago, IL Antitrust laws are there to protect the consumer and to ensure the honesty of a service provider, and the antitrust act serves as a governor to business and commerce. Otherwise, quite frankly, all hell can break loose—as has been alleged with a recent accusation that certain rail companies have colluded to fix fuel surcharges. Antitrust pol...
  • Long Term Health Care Insurance: An Expert Consultant Weighs In: Part II
    Nov-21-08 Sandpoint, ID In Part 2 of a series of articles about Long Term Care Insurance (LTCI) and Conseco in particular, consultant Martin McBirney discusses the possible demise of LTCI. For the past 3 years, McBirney has focused on expert consulting work for plaintiff's attorneys regarding unfair claim denials and excessive rate increases. Long Term Care I...
  • Louisiana Citizen's Insurance Settles Class Action for $35 Million
    Victims of hurricanes Katrina and Rita who filed a class action suit against the insurer Louisiana Citizens Insurance Corp, will finally be receiving some financial compensation. The board of the insurance company has agreed to pay $35 million to settle the class action, which alleged that the company was late in paying polyholders' claims resulting from the...
  • SSRI Antidepressants Pushers
    Nov-16-08 After twenty long years, it appears that the epidemic in mental disorders in America might be coming to an end. It won't happen because of any great medical breakthrough but rather because the perpetrators of the greatest healthcare fraud in history are finally being exposed. The demolition of the giant "psycho-pharmaceutical complex" appears to be on the ho...
  • Nursing Home Abuse: When Elder Care Isn't There
    Nov-15-08 Minneapolis, MN The elder care industry is a growing one, given the advancing age of the baby boomers and the aging of the general population. And elder care will never go out of fashion provided the numbers are there to support it, as they are now and for the foreseeable future. Demand for elder care is high and going higher; witness the number of oper...
  • Bike Accident Experts, Part 1: Motorists and Cyclists
    Nov-13-08 Los Angeles, CA A lot of cyclists assume they don't have recourse when it comes to bike accidents , but Charles Finkel of Magana, Cathcart & McCarthy has handled--and subsequently won—countless cases in bicyclists' favor. In this three-part series, Finkel and other experts will discuss types of cases that involve cyclists; firstly, automobile and bike...
  • Lawrenceville, GA Inmate Taser Wrongful Death Settlement
    Lawrenceville, GA: (Aug-16-07) The family of Ray Charles Austin filed a Taser related wrongful death lawsuit against three Gwinnett County officials, alleging that Austin died in September 2003 after being shocked repeatedly with a Taser at the Gwinnett County Jail. The jail records show that Austin, 25, had been in a fight in which he bit off part of a de...
  • As Financial Elder Abuse Goes, This Story Could be a Movie
    Nov-12-08 Cloverdale, CA A remarkable financial elder abuse case in California has ended with a settlement before the case had the chance to go to trial, with no admission of wrongdoing on the parts of the various defendants in the case. Defendants in the financial abuse case all said that it would have been too expensive to take the case to trial, and all alleged...
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